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Closing costs are part of every successful home purchase. Irregardless if you are borrowing from the bank, paying it straight cash from your savings or an inheritance from a family member, this is something that you will encounter. These are the costs you need to spend for before closing the sale. It is best to …
There are different types of real estate markets that offer different sets of advantages and disadvantages for both buyers and sellers. It is best to know how they work and what they offer to make the most out of every situation. The first type is a seller’s market. This situation gives a great advantage to …
In the real estate industry, there are different types of markets: neutral, buyer’s and the seller’s market. It all depends on who benefits the most from the market conditions. In this article, we will focus on the market where home sellers get the most benefit. As the buyer, especially a first-time homebuyer, you need to …
Homebuyers and home sellers have opposing views of for sale homes in the U.S. According to HomeGain’s nationwide third quarter 2012 home values survey, homeowners believe that the homes they are selling are worth a lot more; while homebuyers believe homes are overpriced.
“Nearly every major market has seen double-digit declines in inventories of for-sale listings, making multiple-bid situations common,” this according to Inman News. Inman News added, “While only the lowest-priced properties used to generate bidding wars, now homes in nearly all prices ranges attract multiple offers ….”